Wipro acquires AI startup Linecraft to expand its digital capabilities
- ByStartupStory | December 2, 2022
Wipro Infrastructure Engineering’s industrial automation unit announced a definitive deal to purchase Linecraft.ai, a Pune-based AI-enabled industry 4.0 firm.
Linecraft.ai leverages the power of both automation domain expertise and artificial intelligence (AI) & machine learning (ML) to enable manufacturers to improve operational efficiency and production in real-time. The program was developed by a team of AI & ML experts and engineers using a patented algorithm and has been successfully implemented on sophisticated automated industrial assembly lines around the world.
“Our industrial automation business has grown significantly in the last four years. We always envisioned that we would bring in latest cutting-edge technologies to our customers in their journey from industry 3.0 to industry 4.0,” Pratik Kumar, CEO, Wipro Infrastructure Engineering (WIN), said. “This acquisition will further help us expand our digital capabilities and offer turnkey automation solutions with bolt-on digital layer which provides deep insights and analytics to customers, The patented technology collects and analyses large amounts of data from industrial machines and recommends ways to optimize productivity using AI, ML, thereby significantly enhancing the customer value proposition.”
According to the firm, Wipro Infrastructure Engineering’s acquisition of PARI, which has over 1500 workers and a strong global footprint, represents a key milestone in the group’s strategic expansion in the digital area.
“Automation and Digitisation go hand in hand to make sure that our customers benefit significantly and sustainably. Linecraft.ai software helps our customers to identify bottleneck operations in a complex manufacturing environment, helps in carrying out Real-Time Overall Equipment Efficiency (OEE) analysis, dashboard the manufacturing analytics, cycle time & throughput analysis along with Key Performance Indices (KPI) trends including comprehensive Quality & Maintenance Management through Fault & Quality loss analysis,” G Sundararaman, Co-CEO, Wipro PARI, said. “This secure cloud-based digital offering has Part Trace, Monitor, analyze, and optimize modules that can be configured with the least disturbance to the existing production lines.”
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